Used Car Portal

Online used-car marketplace Shift Technologies lays off 30% of workforce

US-based online marketplace for buying and selling used cars Shift Technologies has reduced its workforce by 30 per cent

Love that snazzy SUV? Buy a pre-owned one if a new vehicle is out of reach

Just make sure it's in good shape, the papers are in order and the price you're paying doesn't pinch in the long run

Indian used-car platform Spinny valued at $1.8 billion in new funding round

India's Spinny said on Tuesday it had raised $283 million in a funding round led by Abu Dhabi-based ADQ and Tiger Global, giving the used-car retailing platform a valuation of about $1.8 billion

Online used car aggregators see brisk business as demand outstrips supply

Olx says demand is 112 per cent of pre-Covid phase; Firms confident of demand sustenance beyond festivals

Mahindra First Choice embarks on expansion, plans to add 30 outlets soon

Company's June volumes to reach 80% of pre-Covid levels, firm plans to have 1,250 dealers by FY21-end as it eyes overall sales of 200,000 units by FY21

Used auto startup Cars24 develops vehicle matching app for dealers

Start-up looking to expand tool to chat box, payment option

Shriram Automall buys car selling portal BlueJack to strengthen offline biz

BlueJack is expected to fully integrate with SAMIL's operations and group companies in first half of 2020

Prosus-owned OLX invests $400 million in FCG's used car business

In India, OLX and FCG have a joint venture that operates OLX CashMyCar stores across almost 17 cities

Used car portals innovate to fill trust gap

Convincing customers remains the biggest challenge for online firms, as service tends to be hyperlocal barring in big cities